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Not strange. Pure wider market sentiment and the amount the share has recovered from lowest point already. They can’t just keep going up. You need to think wider than just Cineworld shares. Think industry, countries, and then consider local and global markets. There is loads more growth to be had here, it’s when. At the moment, FTSE and Dow are going nowhere/retracing if anything. Consolidation before next push...or drop.
Yeh it’s tough to get a read. Not too much of a problem if you are genuinely here for the longer term. Weeks could be volatile, days definitely. I do wonder if that positive and optimistic sentiment will bounce back again quick.
Not naive mate. Given the current market prices are almost purely driven by sentiment and things are very much at a tipping point, I think, positivity is what we need generally among investors and markets, before the reality of results and longer term impact sets in. I’m quite aware of the main economic events next week and when they fall, depending on these, direction will be whatever it will be. I suppose all these articles really serve is to potentially trip up the less informed, or make them some money, depending on lots of other variables...so yes take with a pinch of salt and do your own reading. For every positive article; there is a negative one
I think positive for SP. while it’s not nice it is reality and business. Better save as much of the company as possible. Government could have done more to help. These cuts will make BA more investable
Agree. I nearly pushed the button when it flicked to £17 the other day and then again at £15.50. Nearly sold all my recovery travel shares on Monday and didn’t. They were all up between 30-60%!! Then by yday they were down almost at what I paid for them! Mental. Could have made an amazing profit and re bought back in!! Live and learn
Nope
Super quiet board this one. But I fancy GFS to do quite well with gradual rises as things reopen. Business was clearly ran well presented Covid, lost the cash business and been paid nicely for it. I think they’ve done well
If you sat anywhere near a council like that you wouldn’t be able to come and post on a forum like this. Nice try tho
Doubleheadedcoin, I like the cut of your jib and hopefully you are spot on